Supermarkets take lead in London

October 31, 2007 | Leave a Comment

Supermarkets take lead in London
Supermarkets rose in London on relief that a report into competition in the sector did not take a harder line on the big four supermarket groups
Source: www.ft.com

Ford, UAW break talks after marathon session

October 31, 2007 | Leave a Comment

Ford, UAW break talks after marathon session
DETROIT (Reuters) - Contract talks between Ford Motor Co and the United Auto Workers union broke off in the early hours of Wednesday morning after a marathon session that began Tuesday morning, a source familiar with the talks said.


Source: feeds.reuters.com

Oil slumps over $1 ahead of Fed, stocks
SINGAPORE (Reuters) - Oil fell more than $1 to near $89 a barrel on Wednesday, deepening its sharp profit-taking retreat from this week’s record high on recovering Mexican oil output and an expected rise in weekly U.S. crude stocks.


Source: feeds.reuters.com

Global stocks subdued (Reuters)

October 31, 2007 | Leave a Comment

Global stocks subdued (Reuters)

A man walks past a stock quotation board outside a brokerage in Tokyo October 29, 2007. (Toru Hanai/Reuters)Reuters - The dollar touched an all-time low against the euro on Wednesday, while Asian stock markets marked time as many investors sat on the sidelines ahead of a widely expected interest rate cut by the U.S. Federal Reserve.



Source: news.yahoo.com

Oil prices fall below US$90 ahead of US Fed decision on key interest rate

October 31, 2007 | Leave a Comment

Oil prices fall below US$90 ahead of US Fed decision on key interest rate
SINGAPORE (AP): Oil prices dropped below US$90 a barrelWednesday in Asia ahead of the U.S. central bank’s impending decision on its key interest rate.Light, sweet crude for December delivery fell 68 cents to US$89.70 a barrel in Asian electronic trading
Source: c.moreover.com

OPEC crude price cracks US$85 mark
VIENNA — Oil prices continued to climb to new record highs as the price for crudes produced by the Organization of Petroleum Exporting Countries (OPEC) rose above US$85 for the first time, the Vienna-based OPEC secretariat said Tuesday. A barrel (159
Source: c.moreover.com

Global stocks subdued

October 31, 2007 | Leave a Comment

HONG KONG (Reuters) - The dollar touched an all-time low against the euro on Wednesday, while Asian stock markets marked time as many investors sat on the sidelines ahead of a widely expected interest rate cut by the U.S. Federal Reserve.

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Global stocks subdued (Reuters)

October 31, 2007 | Leave a Comment

A man walks past a stock quotation board outside a brokerage in Tokyo October 29, 2007. (Toru Hanai/Reuters)Reuters - The dollar touched an all-time low against the euro on Wednesday, while Asian stock markets marked time as many investors sat on the sidelines ahead of a widely expected interest rate cut by the U.S. Federal Reserve.


Read More…

Enel orders 600 Oil & Steel lifts

October 31, 2007 | Leave a Comment

Italian power company Enel has ordered 600 units of a new, 18 m working height truck-mounted platform, called the Scorpion 18, from Oil & Steel. The company declined to reveal contract value.Delivery of the first unit will be in November and by Spring Read More…

MUMBAI (CommodityOnline.com) — Indians’ recently found love for gold coins is dwindling with the wild swings in gold prices during the past few weeks. Even though the Diwali is round the corner, the volatility in the prices is turning the customers away Read More…

Pundit Rogers sees ‘incipient bubble’ in China

October 30, 2007 | Leave a Comment

Jim Rogers, the investor and author acknowledged that there were not a lot of options for foreign investors wanting to buy assets on the Chinese mainland Read More…

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